A BILLION HERE AND A BILLION THERE…: Meta’s Reality Labs has now lost more than $21 billion since the beginning of last year.

Sharing is Caring!

 “Meta said in its earnings report that it expects operating losses in its Reality Labs unit ‘to increase meaningfully year-over-year due to our ongoing product development efforts in augmented reality/virtual reality and investments to further scale our ecosystem.’”

https://www.cnbc.com/2023/07/26/metas-reality-labs-has-now-lost-more-than-21-billion.html

See also  Space debris weighing over 1,000 pounds crashes into Kenya village - Kenya Space Agency officials confirmed

56 views